12 people already, amazing!

Remember to post your comments too guys, love to see what you all think~

[8D][]Fudge111[][8D]

Totally agree comdom

Everyone will differ in their opinions, but good luck to everyone in their property investing goals.

Basically forum is about a group of like-minded (to some degree) people coming together and trying to help eachother be successful investors, no matter how we want to go about it.

I think sometimes people are a bit too…[Read more]

I do agree with still in school i must admit.

I guess though i’m not too worried that both broz and I are still finishing our uni degrees and will have to wait around 2 more years to we seriously think about implementing our investment plan.

It will be very interesting to see what the property market is like in 2 years time!

[]Fudge111[]

Hi Leigh

What you say is very true, i don’t doubt that it’s just that I don’t want property investing to take up all my spare *Time* when the whole point of it is too really increase *free time*

Sure, your approach is fine and probably will pay off alot more than mine, but it’s basically a case of more effort, more returns i spose. I can still…[Read more]

Hi Everyone!

Thanks for all the interest in my spreadsheet!

Could everyone post their comments in the forum, like reply to this thread, they can be bad or good, i can take criticism.

I would rather everyone be able to see what you guys think.

Regards
Fudge111[]

Alf, there is no way i coulda done it for many more than 3 yrs, coz then i would have too many calculations to do on the right hand side. This spreadsheet is based for my strategy, which i know is not the strategy of most people in this forum. In the “A different approach” post there is some good arguments for and against my strategy, i’m sure you…[Read more]

cool guys, i will email npow, anyone else interested, i would love to see what lots of people think about it!!

Fudge111[]

Hi everyone,

I am with fields, i mean, sure the more positively geared the house is the better, but you know, more important things should come to mind such as location etc.

There is no point owning a property that would be cash flow if you could find a tenant, and as i have quite sternly announced my strategy is one of caution rather than huge…[Read more]

Thanks Powmow,

That is quite interesting, so i suppose putting deadlocks in would be a ethically sound reason to up the rent just a little

Regards

Fudge111[]

Thanks Powmow,

That is quite interesting, so i suppose putting deadlocks in would be a ethically sound reason to up the rent just a little

Regards

Fudge111[]

I would have thought it was the landlords job to supply a safe environment for their tenants, and that new locks shouldn’t ethically be a reason to raise rent?, what do u guys think?

Fudge111

C’mon Guys, let’s revolt! I’m sure we could get steve to somhow change the colour, he’s a nice kind of guy,
Who’s in?

Fudge111[]

Geez, I was half right, i dunno what made me think purple, i think i associate purple with platinum, i think it was from a video game i have played. Anywayz, i never would have picked red, coz the administrators are that colour, oh well,

Not far to go, only 940 posts, lol

Fudge111[8D]

Thanks Fibejebe,

Well, i have already based a model on how we will invest, and it basically is the first property is fully paid off in 3 yrs, then the 2nd in 2 years, and then from there on you can purchase a property and fully pay it off mind you every 1.5 years from then on.
It requires alot of your income initially but then by around the…[Read more]

Thanks Oz

Sounds like for an 160k home you would be looking around $4000 @ 2.5%, is it is built after 1987, and i spose the rest depends on the furniture and fittings,

Fudge111[]

Hi Everyone, I simply can’t believe the number of youngsters having a good say in the forum, great work. Broz and I are also 20 years old and have already started planning our investment strategies for the future. Exciting stuff!

Fudge111[][^][8D][][]

Hi, everyone

“For example I have a depreciation schedule for a property I may be buying. In the first year I can claim $1613 for Division 43 (special building allowance) and $1452 for Division 40 (Plant and Equipment)= $3065 (for year 1)”.

Oz, could you please elaborate on more specifics about this property, like when it was built, price etc, I…[Read more]

Thanks Guys,

I have to say that i don’t think anything will happen at 1000, the only thing i can think if is “Platinum Member” or something like that, maybe with 5 purple stars, lol.

Fudge111

Good point Jim , i see how Steve’s approach is alot better in making cash overall, but it is alot of work!
As I mentioned earlier i’m sure i’ll find a few +cf properties which for obvious reasons it is better to leave them as Steve does, but however, i know that Broz and myself will definately benefit from a few properties paid off very fast. They…[Read more]

Hey Jim,

Was that post meant to say “That’s obvious” or is the quote “Incorrect”

Please elaborate

Fudge111[][][]